At a Glance
- Tasks: Support strategic pricing initiatives and analyse complex insurance contracts.
- Company: SiriusPoint, a global leader in insurance and reinsurance.
- Benefits: Empowering environment, collaborative culture, and opportunities for professional growth.
- Other info: Join a diverse team committed to integrity and customer focus.
- Why this job: Make a real impact in a dynamic industry while developing your actuarial skills.
- Qualifications: Newly qualified actuary with 3+ years of London Market pricing experience.
The predicted salary is between 36000 - 60000 £ per year.
SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With approximately $2.8 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, and A3 from Moody’s.
We are seeking a highly motivated and analytically strong Pricing Actuary to support the Deputy Head of Pricing, International in delivering strategic pricing initiatives across our International portfolio. The role will report to the Deputy Head of Pricing, International and sits within the International Pricing & Planning team as part of the CUO Office.
Your responsibilities will include:
- Complex Risk Pricing: Supporting the Deputy Head of Pricing and wider pricing team in the analysis, pricing and structuring of large and complex insurance and reinsurance contracts across multiple lines of business.
- Pricing Tool Development & Improvement: Working closely with class underwriters, contribute to the development and enhancement of pricing tools ensuring alignment with best practice methodologies. Help introduce new exposure models and improve parameterisation processes.
- Portfolio Steering & Analytics: Conduct analyses and investigations that inform growth strategies and remediation efforts. Participate in the monitoring of key accounts and support regular performance reviews with internal stakeholders and external partners.
- Business Planning Support: Support the production of planning materials, including loss ratio setting and analysis of key drivers such as loss trends and inflation. Contribute to the loss ratio volatility analysis needed for the capital model.
- Continuous Improvement: Identify opportunities to enhance pricing maturity and capabilities. Contribute to initiatives that support our ambition to be a best-in-class pricing function. Engage in peer review processes and seek and give feedback to develop your technical and professional skills as well as those of others.
- Contribute cross-functionally: Collaborate with colleagues across actuarial, underwriting, and other business functions to deliver high-quality insights and contribute to cross-functional projects.
Your skills and abilities should include:
- Newly qualified actuary with at least 3+ years of experience in London Market pricing.
- Practical experience of using a range of pricing techniques particularly for Lloyd’s/London Market risks.
- Experience of Casualty, Marine, Aviation or Energy advantageous.
- Experience in building and enhancing exposure-based pricing tools.
- Power BI and experience in a coding language (SQL, Python) desirable.
- Curious, open-minded and proactive with a desire to continuously improve and learn new skills.
- Collaborative mindset with the ability to work effectively in a team environment.
- Demonstrated commitment to delivering high quality work.
- Ability to communicate effectively with a wide range of stakeholders.
At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. Our Purpose is to provide security and resilience in an uncertain world. Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise, and data to provide intelligent risk solutions. Our culture is one of performance and accountability. Our people are our experts, and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.
Our Values: Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.
We know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business. We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.
We are unable to sponsor or take over sponsorship of an employment visa at this time.
Pricing Actuary New London employer: Sirius Group
Contact Detail:
Sirius Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Actuary New London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at SiriusPoint on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Since you're applying for a Pricing Actuary role, be ready to discuss pricing techniques and tools you've used. Show us how you can contribute to our team!
✨Tip Number 3
Don’t just focus on your qualifications; highlight your collaborative mindset. We love team players! Share examples of how you've worked with others to achieve common goals in your previous roles.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team at SiriusPoint.
We think you need these skills to ace Pricing Actuary New London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Pricing Actuary role. Highlight your experience in London Market pricing and any relevant skills, like using Power BI or coding languages. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Don't forget to mention your collaborative mindset and commitment to high-quality work – we love that!
Showcase Your Analytical Skills: Since this role involves complex risk pricing and analytics, make sure to showcase your analytical skills in your application. Provide examples of how you've used data to inform decisions or improve processes in your previous roles. We’re all about continuous improvement!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get the best experience possible. Plus, it shows you're keen on joining our team at SiriusPoint!
How to prepare for a job interview at Sirius Group
✨Know Your Numbers
As a Pricing Actuary, you'll need to demonstrate your analytical skills. Brush up on key metrics related to pricing techniques and risk assessment in the London Market. Be ready to discuss how you've applied these in past roles.
✨Showcase Your Tools
Familiarise yourself with the pricing tools and coding languages mentioned in the job description, like Power BI, SQL, or Python. Bring examples of how you've used these tools to enhance pricing models or improve processes in previous positions.
✨Collaborate Like a Pro
SiriusPoint values collaboration, so be prepared to share experiences where you worked cross-functionally. Highlight how you communicated effectively with different stakeholders and contributed to team projects, showcasing your collaborative mindset.
✨Embrace Continuous Improvement
Demonstrate your curiosity and commitment to learning by discussing any recent training or initiatives you've undertaken to improve your skills. Share specific examples of how you've identified opportunities for improvement in your work and acted on them.